The NZDUSD pair begins today’s trading negatively to test the EMA50, accompanied by stochastic reach to the oversold areas, waiting to motivate the price to resume the expected bullish trend on the intraday basis, which its first target located at 0.6910.

Note that holding above 0.6795 is important to continue the expected rise, as breaking it will press on the price to decline towards 0.6750 followed by 0.6654 levels mainly.

The expected trading range for today is betwenen 0.6790 support and 0.6910

The expected trend for today: Bullish

The AUDUSD pair shows some bearish bias to approach the key support 0.7044, as the price is affected by stochastic negativity, and it needs to hold above the mentioned level to keep the bullish trend scenario active for the upcoming period, waiting to breach 0.7120 level to ease the mission of heading towards our next positive target at 0.7250.

We should note that breaking 0.7044 will put the price under negative pressure that its main targets begin at 0.6900.

The expected trading range for today is between 0.7020 support and 0.7150

The expected trend for today: Bullish

Brent oil price fluctuates near the EMA50 and keeps its stability above it, noticing that stochastic begins to overlap positively now, waiting to motivate the price to resume the expected bullish trend on the intraday and short term basis, which targets 72.65 level as a next main station.

Therefore, our bullish overview will remain active for today, taking into consideration that breaking 67.00 will put the price under negative pressure that targets testing 66.00 level and might extend to 63.95 before any new attempt to rise.

The expected trading range for today is between 66.50 support and 69.50 resistance.

The expected trend for today: Bullish

Crude oil price settles near 59.00 level now, and the price keeps its stability above the bullish channel’s support line that appears on the chart, while the EMA50 keeps supporting the price from below, noticing that stochastic reaches the oversold areas now.

Therefore, we believe that the chances are valid to resume the bullish trend in the upcoming sessions, reminding you that our targets begin by breaching 60.00 level to confirm extending the bullish wave towards 64.90, while holding above 57.46 represents key condition to continue the expected bullish trend.

The expected trading range for today is between 58.00 support and 61.00 resistance.

The expected trend for today: Bullish